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A frustrating, but critical, part of business is contract negotiation. These negotiations can eat up a lot of time and energy. Fortunately, there are steps businesses can take to help foster more productive contract negotiations. This means that there are things businesses can do to help streamline the negotiation process in order...

Necessity breeds ingenuity, so the saying goes. The spread of COVID-19 triggered a public health crisis that forced businesses to reevaluate how they do business. It seems as though more people than ever are working from home. That being said, the fact remains that communication is often more effective when you can...

Becoming a franchise owner can be a great way for the entrepreneurial inclined to get involved in a business that already has so many of the basics established. If you are a franchise owner that is looking to move on to your next endeavor and sell your franchise, there are several steps...

The COVID-19 pandemic came crashing down on all of us, businesses included. There were forced shutdowns, restricted reopenings, forced re-closures, and so many more obstacles thrown in the way of businesses. The unpredictable impact of the pandemic on business restrictions remains. As businesses who have survived thus far continue to reopen with trepidation, they...

The rapid spread of the COVID-19 virus across the globe has had tragic impacts on people for a number of reasons. The health and well-being of people is at risk in these unprecedented times. To slow the spread of the pandemic, the U.S. has made sweeping changes such as shelter in place orders and...

As a business owner, you may have come up with a great idea to expand or generate more revenue. Sometimes, however, you may have limited resources that prevent you from pursuing these types of ventures. If this is the case, you may want to consider a joint venture. Joint ventures are not...

Becoming a business owner is an exciting endeavor. Some look to build a business from the ground up. The startup phase is particularly grueling. Should you want to become a business owner, but bypass the startup phase, you may want to consider buying an already existing business. Just remember, however, that passing over the...

You can up with an exciting new business idea! Now what? Do not let this burst of inspiration fizzle out. There are steps you can take to turn your business idea into a reality. It will require doing your due diligence. It will also require accessing business resources and building your community as you...

Not all business disputes need to head straight to the courtroom for things to be resolved. In fact, there are a variety of other ways to resolve points of contention in your business dealings without having a full-blown trial. Parties to a business dispute may employ alternative dispute resolution (ADR) techniques in...

In its most basic sense, a non-compete agreement is a legal contract put in place to prevent an employee from going to work for a competitor of his or her employer after leaving the business. Alternatively, and more formally, referred to as a covenant not to compete, this legal contract works as...